first_img Approaching $24,000 a pop, Bitcoin has made some people very rich in 2020. Anyone who bought the cryptocurrency one year ago would be sitting on a gain of over 200%. That’s an incredible rise in such a short period of time. It also puts the performance of even the best UK shares to shame.Today, however, I’ll explain why I’d always pick the latter as a better option for growing my wealth over the long term. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Bitcoin’s been here beforeThe huge momentum in Bitcoin is eerily reminiscent of what we witnessed almost exactly three years ago. Back in 2017, a single coin rose in value from around $900 at the start of the year to just short of $20,000 by mid-December. Holders were understandably euphoric. “It’s going to the moon!“, they cried. Except it didn’t. Quite the opposite, in fact.From the beginning of 2018, everything started to unravel. Bitcoin adoption in everyday life was practically non-existent. Accounts were regularly raided by hackers. And with no one left to buy, there was only one direction its value would go.And, my word, did it fall. Almost exactly one year after its price high, Bitcoin had sunk to just over $3,000. Personally, I can see history repeating itself.Of course, Bitcoin bulls would point to the fact that it’s ‘different’ this time. The 2017 bubble was the product of unsophisticated traders not knowing what they were doing, they’d argue. The 2020 rise, coupled with Paypal’s decision to allow those account holders to purchase cryptocurrency, is proof Bitcoin is now mainstream. What’s more, the cryptocurrency could replace gold as the best store of value in troubled times. But will it really? Where’s the evidence?As far as gold’s concerned, the shiny stuff has a history of holding its value in times of trouble. Bitcoin simply doesn’t. It’s only been around since 2009. Call me an old stick-in-the-mud, but I’d prefer to back something with a track record. Past performance is not a guide to the future but, with crystal balls out of stock, it’s the best thing we’ve got. Factor in that the Bitcoin price is based purely on what someone else will pay for it, and you have a recipe for alarming volatility. What I’m doing insteadRather than buy Bitcoin, I’m doing something that feels far more rational. Snapping up high-quality UK shares that boast some/all of the following attributes.ProfitableHigh marginsHigh returns on invested capitalGrowth potentialLeader in a (niche) marketLow debt (or preferably none at all)Will this Terry Smith-inspired checklist protect me from all risks? Of course not. Share prices could tumble again in 2021. Nevertheless, I can surely tilt the odds in my favour by buying great stocks and sitting on my hands.Bitcoin bust?Bitcoin is indeed riding high. I could be proved utterly, hopelessly, completely wrong in my prediction it will crash next year. Perhaps things are different this time.Even so, I’ll leave you with this. If we assume that a crash does happen, where will those who’ve made a mint turn to next?Thanks to the derisory returns generated by other assets (e.g. bonds and cash) right now, my money’s on the stock market. This is even more reason, I submit, to buy the best UK shares at the current time. Paul Summers | Monday, 21st December, 2020 Simply click below to discover how you can take advantage of this. Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images See all posts by Paul Summers Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Beware the 2021 Bitcoin price crash. I’m buying the best UK shares to get rich insteadlast_img read more